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13 January 10:05 AM Aldar increases ESG ratings in 2 global benchmarks
Abu Dhabi – Mubasher: Aldar Properties has recorded a surge in its environmental, social, and governance (ESG) ratings in two global benchmarks, the Dow Jones Sustainability Index (DJSI) and Sustainalytics. The company saw 58 points on the Dow …
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21 December 2021 11:08 AM Moody's maintains Saudi Re's A3 rating; outlook stable
Riyadh – Mubasher: Moody's Investors has affirmed the insurance financial strength rating (IFSR) of Saudi Reinsurance Company (Saudi Re) at 'A3', with a stable outlook. The rating reflects the company's strong market position as the only …
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15 December 2021 11:11 AM Moody's affirms Masdar's 'A2' rating; outlook stable
UAE - Mubasher: Moody's Investors Service (Moody's) has affirmed the A2 long-term issuer rating of Abu Dhabi Future Energy Company (Masdar), with a stable outlook. The rating action is based on the partnership between Masdar, Mubadala Investment …
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13 December 2021 10:06 AM AM Best affirms Dubai National Insurance's ratings; outlook positive
Dubai – Mubasher: AM Best has affirmed the financial strength and long-term issuer credit ratings of Dubai National Insurance and Reinsurance (DNIR) at 'B++' and 'bbb+', respectively, with a positive outlook. The ratings are based on AM Best's …
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8 December 2021 10:31 AM Moody's assigns Dubai Insurance 'A3' rating; outlook stable
Dubai – Mubasher: Moody's Investors Service (Moody's) has assigned an 'A3' insurance financial strength rating (IFSR) to Dubai Insurance Company, with a stable outlook. The rating reflects the company's good market position and brand, strong …
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7 December 2021 06:03 PM Gulf banks' outlook seen stable amid regional economic recovery, higher oil prices
Mubasher: Moody's Investors Service expected the outlook for GCC banks to be stable over the coming 12 to 18 months, backed by economic recovery in the region as well as higher oil prices, according to a report on Tuesday. The Gulf lenders’ credit …